HVAC Tax Rebates
2026 New Jersey HVAC rebates and incentives guide, HVAC units, and a person using a calculator in the background.

With a state that experiences all four seasons and extreme temperature swings, New Jersey homeowners need a reliable HVAC system for year-round comfort. If you’re thinking of upgrading your current heating and cooling equipment, some valuable statewide rebates and incentives are available to help you save energy and money. Sam’s Air Control Heating and Cooling has some helpful information about HVAC rebates in NJ for 2026 to help you find the best possible savings on this important investment in your home. 

Key Takeaways

  • New Jersey residents can take advantage of several incentives and rebates on new equipment in 2026.
  • Some utility incentive programs are available only to customers who meet specific income requirements.
  • Each program’s rebate amount varies based on the type of equipment installed, SEER2 or AFUE ratings, and other factors. 

2026 NJ HVAC Rebates by Equipment Type

Whether you’re planning to upgrade with a new heat pump, central air conditioning system, furnace, boiler, or ductless mini-split, several rebates are available this year. Here’s some more information about 2026 rebates for HVAC in NJ associated with each utility program and equipment type to help you make an informed decision about which option is right for you.

Heat pump rebates

A chart displays heat pump rebate programs from PSE&G, JCP&L, and New Jersey Natural Gas, listing equipment types, eligibility criteria, and rebate amounts from $300 to $1,200.

These heat pump rebates are available to qualified customers in NJ:

  • PSE&G: Rebates of $300 to $600 are available based on heat pump type and SEER2 rating. 
  • JCP&L: A $500 rebate is available for a Tier 1 Air-Source Heat Pump Single Package, and a rebate of $750 is available for a Tier 2 Air-Source Heat Pump Single Package.
  • New Jersey Natural Gas: Tier 1 standard air source heat pumps are eligible for a $500 rebate, a $750 rebate is available for a Tier 2 standard air source heat pump, and a $1,000 rebate is available for a cold climate heat pump.

Central air conditioning rebates

A chart from Sam's Air Control lists central air conditioning rebate amounts, equipment types, eligibility criteria, and utility programs.

Here are the NJ central air conditioning rebates available for 2026:

  • PSE&G: Tier 1 split and single package systems are eligible for a $60 rebate, and Tier 2 split and single package systems are eligible for a $120 rebate.
  • JCP&L: Tier 1 central air conditioners are eligible for a $100 rebate, and Tier 2 central air conditioners are eligible for a $200 rebate.
  • New Jersey Natural Gas: Tier 1 central air conditioners are eligible for a $100 rebate, and Tier 2 central air conditioners are eligible for a $200 rebate.
  • Elizabethtown Gas: Tier 1 central air conditioners are eligible for a $100 rebate, and Tier 2 central air conditioners are eligible for a $200 rebate.

Furnaces and boilers (gas heating)

A chart listing furnace rebate programs, equipment types, eligibility requirements, and rebate amounts for four utility providers under the header "Sam’s Air Control Heating & Cooling Furnace Rebates.

These NJ energy rebates are available for gas furnaces and boilers:

  • PSE&G: Gas furnaces are eligible for a $540 rebate, Tier 1 gas boilers are eligible for a $540 rebate, and Tier 2 gas boilers are eligible for a $600 rebate.
  • JCP&L: Qualified customers who get a new ECM motor-installed furnace fan are eligible for a $100 rebate.
  • New Jersey Natural Gas: Gas furnaces are eligible for a $900 rebate, and natural gas boilers are eligible for rebates of $900 to $1,750 based on Annual Fuel Utilization Efficiency (AFUE) rating and unit type.
  • Elizabethtown Gas: Gas furnaces are eligible for a $900 rebate, Tier 1 gas boilers are eligible for a $900 rebate, and Tier 2 gas boilers are eligible for a $1,000 rebate.

Table showing boiler rebate amounts for different utility programs and equipment types, with eligibility criteria and rebate values ranging from $250 to $2,000. Sam’s Air Control logo at top.

Ductless mini-split incentives

Table showing ductless heating and cooling system rebates from Sam's Air Control, listing equipment types, eligibility criteria, and rebate amounts up to $1,000.

These ductless mini-split system incentives are available for NJ customers in 2026:

  • JCP&L: Ductless mini-split heat pumps are eligible for a $750 rebate.
  • New Jersey Natural Gas: Tier 1 standard ductless air source heat pumps are eligible for a $500 rebate, a $750 rebate is available for a Tier 2 standard ductless air source heat pump, and a $1,000 rebate is available for a cold climate ductless heat pump.

Income-Qualified Incentives for 2026

Utility program info sheet for LMI financing lists partners, programs, benefits, eligibility, covered equipment, and 2026 LMI income limits by household size. Sam's Air Control logo at top.

Each utility has specific income requirements to qualify for certain 2026 HVAC incentives. The PSE&G LMI HVAC Instant Rebates program states that customers must have income below $400 of the Federal Poverty Level, live in a low- to moderate-income census tract, or live in an overburdened community.  NJ Natural Gas’s Home Weatherization program states that customers must own their home for at least one year and have a moderate income based on household size. 

The Smart Energy Partners program from Elizabethtown Gas states that one must have an income below $400 of the Federal Poverty Level or live in a low-income census tract. JCP&L’s Home Weatherization program requires customers to have income below $400 of the Federal Poverty Level or participate in the NJ Safety Net program. The benefits, grants, and covered equipment available vary by utility program.

What Is 0% Financing and On-Bill Repayment?

Info sheet compares HVAC financing utility programs from PS&G, NJ Natural Gas, Elizabethtown Gas, JCP&L via NEIF, and NEIF, listing eligibility, loan amounts, rates, and repayment terms.

The term “0% financing” refers to an annual percentage rate (APR) of zero, which means no interest accrues over the life of the loan for your new HVAC equipment. On-bill repayment is financing that involves a third-party lender and is repaid through a line item on your monthly energy bill. When you make eligible HVAC equipment upgrades, the cost is repaid over time on your utility bill so that the monthly energy savings are higher than the loan payment. 

Can You Stack Rebates, Financing, and Other Incentives?

Although some limits may apply, you can generally stack HVAC rebates, financing, and other incentives for maximum savings. If you plan to stack a utility rebate with a federal tax credit, you must subtract the rebate amount from your total cost before you calculate the percentage of the tax credit. Most manufacturer and utility rebates are separate, so you can usually stack these two together. You may also receive low-interest or 0% financing on the remaining balance of your equipment after all other incentives are applied. 

What You’ll Need to Claim Incentives?

Make sure you avoid some common mistakes, like missing the program deadline or failing to submit the required information, to prevent voiding or delaying your rebate. To claim NJ HVAC incentives, you’ll need to provide some or all of the following documents:

  • A completed application
  • Proof of income/residence/credit score
  • Detailed receipt showing your installation date and equipment costs
  • The certificate showing the equipment’s efficiency verification
  • Model and serial numbers of the new equipment

Contact Sam’s Air Control Today

With so many rebates and incentives available to customers in 2026, it’s a great time to upgrade your HVAC system. If you’d like to learn more about these great incentives or you’re ready to schedule service, contact the pros at Sam’s Air Control Heating and Cooling today!

Frequently Asked Questions

How do I find out if I’m PSE&G or JCP&L?

To determine whether your electric provider is PSE&G or JCP&L, look at your most recent electricity bill to find the right company logo, name, or phone number. You may also search for your address on either provider’s website to confirm. 

What SEER2 rating do I need for a rebate?

Most equipment must have a SEER2 rating of 15.2, 17, or 17.1 or higher to be eligible for an HVAC equipment rebate. If you’re uncertain which option is best or which type of equipment is right for your home, contact Sam’s Air Control for help. 

How long does it take to receive a rebate?

Most HVAC rebate programs take 6-12 weeks to process your rebate. However, some programs may offer instant rebates at the time of installation, so check with your utility provider to confirm.

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